The Group Finance Head is responsible for overseeing the financial management, strategic planning, and financial reporting of the organization across all hospitality operations. The role ensures financial integrity, profitability, and compliance while supporting executive leadership in making informed business decisions.
Duties And Responsibilities
- Develop and implement the overall financial strategy of the organization.
- Oversee the preparation and presentation of monthly, quarterly, and annual financial reports.
- Lead the annual budgeting and forecasting process for all hospitality outlets and departments.
- Monitor financial performance and profitability across all business units.
- Ensure accurate financial reporting in compliance with accounting standards and regulations.
- Manage cash flow, banking relationships, and treasury operations.
- Implement financial controls, policies, and procedures to safeguard company assets.
- Conduct financial analysis to support strategic planning and operational decisions.
- Oversee accounts payable, accounts receivable, payroll, and general accounting operations.
- Review operational costs including food and beverage costs, labor costs, and operating expenses.
- Identify opportunities to improve financial performance and operational efficiency.
- Ensure compliance with tax regulations, government requirements, and financial laws.
- Coordinate with external auditors, tax consultants, and regulatory agencies.
- Provide financial insights and recommendations to senior management and executives.
- Evaluate financial feasibility of new projects, investments, and expansion initiatives.
- Monitor key financial indicators such as revenue, cost ratios, and profit margins.
- Oversee financial systems, accounting software, and financial data management.
- Lead and mentor the finance and accounting team across all properties or outlets.
- Develop and maintain financial policies, procedures, and internal controls.
- Prepare financial presentations and reports for board meetings and executive reviews.
Qualifications, Skills And Experience
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- CPA (Certified Public Accountant) or equivalent certification is highly preferred.
- Minimum 810 years of experience in finance or accounting.
- At least 35 years of experience in a managerial or leadership role.
- Experience in the hospitality industry such as hotels, restaurants, resorts, or hospitality groups is preferred.
- Strong knowledge of financial management and accounting principles.
- Proven experience in financial planning, budgeting, and forecasting.
- Strong analytical and strategic thinking skills.
- Experience managing multi-branch or multi-property financial operations.
- Knowledge of taxation, financial regulations, and compliance requirements.
- Proficiency in accounting software and financial management systems.
- Advanced skills in Microsoft Excel and financial data analysis tools.
- Strong leadership and team management skills.
- Excellent problem-solving and decision-making abilities.
- Strong communication and presentation skills.
- Ability to work under pressure and meet strict deadlines.
- High level of integrity, professionalism, and confidentiality.
- Strong organizational and time management skills.
- Ability to collaborate effectively with senior management and operational teams.
- Experience in financial reporting, audit coordination, and risk management.
